[Leica] Leica investments

["Frank Dernie" <Frank.Dernie@btinternet.com>]

I sort of agree. I am totally bored by my stock market investments anything
to do with the stock market is mind numbingly tedious. I don't do any other
sort of gambling. Leicas are not really expensive overall. The initial
capital investment is high but depreciation is low. It depends on how you
look at it. some people choose a car for its fuel consumption, others for
low depreciation. I look after my kit reasonably carefully so it doesn't
depreciate much, if at all. Keeping it mint means not using it which is
pointless but I take care of all my "tools" - I don't scrape my car against
barriers (at least not on purpose) or park it by feel either.
cheers
Frank
Wantage, Oxon

- ----------


> Stephen Patriquen wrote
>
>>The price appreciation of most Leicas, however, is no
>
> better than the
>>equivalent amount of money deposited in bank CDs
>
> Very true. But how much use do you get from a stock
> certificate, or a C of D? How have stocks done lately?
>
> While it would be foolish to be 100% "into Leicas",
> it's a heck of a lot better obsession than coloured
> glass, or motor cars.
>
> I've had "good clean user" Leica kits three times over
> the last 20 years, and I've always recovered my
> initial investment.
>
> While not necessarily appreciating over time, I will
> accept that for the privilege of also being able to
> use them to make photographs with.
>
> When all is said and done, even a few favourite
> photographs are essentially priceless. Last time I
> checked, dot.com shares looked pretty boring on the
> wall.
>
> Steve Patriquen
> London